John Wood Group (LON:WG) Trading Up 0.8% – Time to Buy?

John Wood Group PLC (LON:WG) was up 0.8% on Friday . The company traded as high as GBX 24.54 and last traded at GBX 24.20. Approximately 4,580,373 shares were traded during mid-day trading, an increase of 763% from the average daily volume of 530,810 shares. The stock had previously closed at GBX 24.

Analyst Ratings Changes

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 30 price target on shares of John Wood Group in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, John Wood Group currently has a consensus rating of “Buy” and an average price target of GBX 30.

John Wood Group Price Performance

The stock has a market capitalization of £200.29 million, a P/E ratio of -0.19, a price-to-earnings-growth ratio of 0.33 and a beta of 1.36. The company’s 50-day moving average is GBX 21.83. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 66.97.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.